how would you describe “inviting environment” ? As a user what would i need to do to be part of this incentives ? How will the distribution plan look like ? You mention fee rebates, in current state how does this look like. could you please paint a picture for us.
By offering Fee Rebates to users, the user/trader would feel more comfortable trading on Overtime knowing that he will get OP+THALES rewards proportional to the amount of fees they generated. This is especially beneficial for growth of the project and for UX for end traders as it will create a lucrative environment for Sports Positioning compared to centralized competitors, especially as Overtime already offers the best rates in the industry. We are highly optimistic that this specific initiative will prove to be the most impactful one, especially as organically the Fee Rebate emissions should be on the low side compared to other incentive structures such as LP mining.
30% as targeted events…
Similarly here, you have a space of 30K which is pretty big. How would you do this and where ?
Targeted Events allocation is basically focused incentives (trading competitions, per-game incentives, incentives specific for certain tournament brackets) for exclusive sporting events and new offerings that are the most popular globally. These focused campaigns tend to be a major tool in bringing new attention to the product as this industry is mostly event driven.
Project with match co-incentives with THALES tokens to a certain degree that will be determined by the governance structure.
when can we expect more info on this ?
Co-incentives are solidified during the detailed planning of emissions during the internal governance sessions as to find a best possible matching balance for that specific period in time. So far, the Thales governance structure matched all incentives almost equally.